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World Market Update 04/07/2011

U.S. stocks declined on Thursday after reports of another earthquake hitting Japan in less than a month, but markets were off their lows after a tsunami warning was lifted.

US stocks decline after Japan quake

Traders work on the floor of the New York Stock Exchange
U.S. stocks declined on Thursday after reports of another earthquake hitting Japan in less than a month, but markets were off their lows after a tsunami warning was lifted.
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US stocks pare gains; Monsanto weighs

U.S. stocks pared earlier gains as energy companies’ shares declined after a higher-than-expected increase in petroleum inventories and Monsanto Co. shares declined as its revenue fell short of expectations.
Traders work on the floor of the New York Stock Exchange

US Stocks in Focus (ORCH, NUS, CLH, MSM, AMSC)

The companies whose shares are actively trading in Wednesday's morning session include Orchid Cellmark, MSC Industrial, Nu Skin Enterprises, Clean Harbors and American Superconductor.
Broadcom CEO Scott McGregor stands in front of the company's logo in Taipei

Broadcom Upgraded at Oppenheimer

Oppenheimer has upgraded shares of Broadcom to outperform from perform citing strong growth profile, management's stated efforts to pursue profitable growth, a more disciplined operating expense and compensation strategy.
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Genpact paying $550 mln for Headstrong to expand in U.S.

Genpact Ltd (NYSE: G), the outsourcing company spun off from General Electric Co., has agreed to acquire privately-held IT services provider Headstrong Corp. for $550 million in cash to expand its operations in the United States.
Netflix

Netflix gets 'Mad Men' streaming rights

Netflix Inc. (NASDAQ: NFLX) announced a multiyear syndication deal under which Lionsgate (NYSE: LGF) has licensed the first four seasons of its Emmy Award-winning series Mad Men to be watched instantly by Netflix members starting July 27.
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Calix Shares to Sell Off Modestly on Tuesday: Analyst

Jefferies & Co. expects that shares of Calix, Inc. (NYSE: CALX) will sell off modestly on Tuesday as investors contemplate another round of very conservative guidance from the company. The brokerage reiterated its buy rating on shares of Calix, while increasing its price target to $24.50 from $16.
Traders work on the floor of the New York Stock Exchange

World Market Update 04/05/2011

U.S. stocks ended mixed on Monday as gains from materials and health care sector shares were offset by declines from technology and financials.
People walk past the Pfizer World headquarters in New York

Pfizer Gets Refusal-To-File Letter For Tafamidis NDA

Pfizer Inc. (NYSE: PFE) said on Monday it has received a Refusal-to-File letter from the United States Food and Drug Administration (FDA) for tafamidis, the company’s oral investigational compound for patients with Transthyretin Familial Amyloid Polyneuropathy (TTR-FAP).
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Motorola Xoom But Not Yet Zoom

The amount of competitive new launches near-term is making it a little bit tougher for Motorola Mobility, especially for its Xoom tablet.

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